JPMorgan is planning to offer crypto-backed loans and increase its involvement in stablecoins. What does it mean for the digital asset space?

World’s largest bank, JPMorgan Chase, is weighing plans for a new policy that would allow it to lend against clients’ cryptocurrency holdings, signaling a major turning point in the traditional banking sector’s embrace of digital assets.

JPMorgan may offer loans backed by bitcoin and ethereum, marking a shift in tone as Trump signs major crypto legislation and Wall Street banks expand into stablecoins amid friendlier regulation.